We are all reborn, who wants to be the richest man?

Chapter 104 Hong Kong Electric (page 12)

If you have money, of course you can't put it in the bank.

At the end of January, Luo Nianzhong visited the old Kadoorie again, and the two had a long secret conversation in his study.

The content of the conversation was unknown to outsiders, and even Michael was kicked out by Lao Kadoorie.

This made Luo Nianzhong feel a little uncomfortable when Mi Gao looked at him during the meal. He felt like he had been abandoned after using it, which made Luo Nianzhong get goosebumps.

No matter what Luo Nianzhong and Lao Kadoorie talked about, it can be seen from the fact that he personally sent Luo Nianzhong out that the two parties reached an unknown deal.

The next day, Yunhua Investment announced a high-profile plan to acquire Hong Kong Electric.

The plan to acquire HK Electric's shares with a total market value of HK$80 billion has confused all the people.

Because they don’t know when this Yunhua Investment company emerged, why it suddenly announced the acquisition of Hong Kong Electric, one of the two major power companies on Hong Kong Island.

Soon, the media discovered that Yunhua Investment had a relationship with Far East Group. Luo Nianzhong's family held a large share in it, and Hong Kong Electric's stock price rose sharply.

Before Yunhua Investment announced the acquisition of HK Electric, the market value of HK Electric was around HK$60 billion. Now it has announced the acquisition for a total market value of HK$80 billion, a premium of more than 30%.

Not to mention retail investors, even many small shareholders who hold HK Electric plan to sell.

After all, Hong Kong Electric is a public facilities enterprise, and the Hong Kong government has strict requirements on the income of such companies.

Two years ago, the Hong Kong government just approved Hong Kong Electric to build a large-scale power plant on Lamma Island, covering a total area of ​​more than 50 hectares.

This has caused Hong Kong Electric to borrow heavily in order to raise funds, resulting in a high corporate debt ratio and making it difficult to pay dividends in the next few years.

Luo Nianzhong knew that, let alone dividends, there was even a lack of funds and it was acquired by Land in 81.

The price given by Luo Nianzhong was absolutely attractive. Five years later, Li Bancheng acquired 35% of Hong Kong Electric for only HK$29 billion.

One can imagine how powerful the current market value of 80 billion is. It has undoubtedly dropped a bomb on the Hong Kong stock market.

"It's Luo Caishen who will make a big move."

"Uncle Chen, you don't need to say this. The whole Hong Kong knows it. Now that Luo Caishen has acquired HK Electric, it has greatly increased the momentum of Chinese capital. I have sold my shares in HK Electric. What about you, Uncle Chen?"

Uncle Chen looked at this man with contempt, "What's the point? Although I am not one of those big guys, I can still do my little bit to increase the prestige of Chinese capital and eliminate the momentum of British capital."

"That's right, that's what I thought at the time, otherwise I wouldn't have gotten rid of it quickly."

The conversation between the two made the people around them sneer. It's all nonsense to try their best. If the price is not right, will you still sell it?

After seriously scorning these two people with his eyes, he took the HK Electric stock in his hand and walked into the acquisition window set up by Yunhua Investment. I thought to myself, "This is how I really contribute, otherwise I would never sell it if the market value is less than HK$100 billion."

Because the price given by Yunhua Investment was very high, more than 10% of HK Electric's shares were obtained in just two days.

At the acquisition point set up by Yunhua Investment, a large number of people lined up to sell stocks every day, which prompted Hong Kong Electric to convene an emergency meeting.

In the conference room of Hong Kong Electric's headquarters, all the directors came to participate in this emergency meeting.

This also shows how seriously HK Electric attaches importance to this acquisition. You must know that HK Electric's shareholders are basically local businessmen in England. It is not easy for all shareholders to gather in two days.

In the conference room, after everyone was seated, HK Electric Chairman Wesley began to speak.

"Everyone, I think you all understand the current situation. What should we do next? Can you tell us?"

What is there to say? There are only two outcomes, depending on which side has more support.

After everyone looked at each other, one of the directors clearly did not want to sell HK Electric to Yunhua Investment and acted very tough.

"What should we do? What else can we do? Of course we need to raise funds for the acquisition. We now have an absolute advantage in the number of shares in our hands. It is far easier than Luo Nianzhong to increase the shareholding to 50%."

His words were recognized by several directors, but more people did not support his suggestions.

If you say you want to acquire something, just do it. It requires money, and it can't be done just by talking about it.

Hong Kong Electric is now heavily in debt. If they want to increase their stock holdings, they can only pay out of their own pockets.

Count on the bank? Don't think about it, even if a bank is willing to lend funds, it will definitely be far from the money needed to acquire stocks.

Many directors are not willing to take money at all. On the contrary, they prefer to sell stocks at the current price and invest in other companies with better returns.

"Is it possible for us to negotiate with Luo Caishen and issue additional shares to him to make him the majority shareholder of the group?"

The opinion of a director who didn't want to pay for it made many in the room brighten.

Yes, this is Luo Wealth God. If we can be tied to him, will our future income be even lower? You can also take this opportunity to make friends and sell your popularity.

Wesley thought about his opinion and shook his head, "Luo Nianzhong's acquisition of HK Electric will definitely not settle for the status quo. Vigorous development is inevitable. Do we need to make additional investment by then?"

Wesley's words poured cold water on everyone who was originally satisfied with the plan.

Yes, will you follow up and invest more when the time comes? If you don't follow, then the shares will be diluted and you will end up like those retail investors, holding a small number of shares.

Come on, do you have the funds of Luo Caishen? If he is more ruthless and uses all the money he earns for development, with only a small amount of dividends or no dividends, when will the money be repaid.

The entire board meeting lasted for three hours. They were noisy and noisy all the time, and no effective solution was discussed at all.

There are those who support increasing holdings, but the number is very small.

There are also those who advocate selling, but they all want a better price and hope that Wesley can represent Luo Nianzhong to negotiate.

Wesley still doesn’t know their greedy ideas? It's just that he wants more money. Doesn't this make Luo Nianzhong a fool?

There are so many circulating shares outside, and they only need to acquire 40% now, so they don’t need your shares at all, okay?

In the end, the board of directors could only end up unhappy.

That same night, Malay tycoon Guo He Nian found Luo Nianzhong.

The Luo family made its fortune in Southeast Asia. The Hong Kong branch is actually a branch, but they are not familiar with Guo Wo Nian, a wealthy man who also belongs to Southeast Asia.

"I wonder why Guo Sheng is so anxious to find me?"

In the study, after the servant who served tea left, Luo Nianzhong asked the doubts in his heart.

Guo Henian did not answer in a hurry, but looked at Luo Nianzhong and praised him, "Young people are awesome. If only my useless son had one-tenth of Luo Nianzhong's talents."

Faced with this sudden compliment, Luo Nianzhong didn't know what to say.

In terms of age, Guo Henian has no problem saying so. Luo Nianzhong is indeed his junior.

But in terms of business strength, it's a bit inappropriate for you to say that. Isn't this comparing my career with your son's achievements?

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